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Housing market can handle rates hikes – ASB

Andy Fyers
Wed, 30 Jun 2021

Mortgage rates look set to climb, but most home-owners have a buffer, according to an ASB economist. (Image: Deposit Photos)
Andy Fyers
Wed, 30 Jun 2021
Mortgage borrowing has "gone nuts" and so have the debt-to-income ratios of borrowers, a new report says.However, by some measures borrowers are now more resilient to an interest rate shock than they were before the covid-induced housing boom.This analysis is in a report from ASB economist Mike Jones looking at the potential impact of higher mortgage rates in the coming years.It found that while there had been a massive spike in mortgage lending – up 45% in the past 12 months – the ratio of household debt-to-equity (gearin...

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400 trainee pilots allowed into NZ
Brent Melville | Sat, 23 Oct 2021

Pilot trainees will make up 40% of the latest cohort of international students allowed in from mid-2022, with an assumption that tight border rules will still be in place.

Technology FREE
Review: NuraTrue, the earbuds that listen to you
Henry Burrell | Sat, 23 Oct 2021

Personalised audio at a relatively affordable price point. It's a winning combination.

On the Money
On the Money: IRD's rich list, Damian O'Connor's FTA in MIQ, and more
Rebecca Stevenson | Sat, 23 Oct 2021

OTM this week: what does Inland Revenue consider rich, why was Damian O'Connor absent from the FTA celebrations, which new car is triggering FOMO amongst the Remuera Tractor set, and more.

Decarbonising infrastructure – navigating an abundance of policy and analysis

We have a rare opportunity to align significant public infrastructure investment with urgent climate change reform, but time is short and we all need to act.

Let's not lose sight of the wood for the trees

As much generation will need to be built in the next 14 years as has been built in the last 40+ years for Aotearoa to meet its commitment of achieving net zero emissions by 2050.